DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl

Hybrid
Direct
Arbitrage Fund
DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl

About the Fund

DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl is a hybrid fund. This fund was started on 25 January, 2018. The fund is managed by Kedar Karnik. This fund gives you the benefit of diversification.

Key Parameters

  1. DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl has ₹4966 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 5.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.12%, 6.18% and 5.39% respectively.

Holdings

DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Communication, Corporate, Tech, Consumer Cyclical, Energy, Health, Utilities, Consumer Defensive, Government, Real Estate.

Taxation

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl

The investment objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.34%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹4966 Cr
Inception Date25 January, 2018
Min Lumpsum/SIP--/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
1187.65%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 0.1%

  • Debt & Cash 99.8%

Large cap
37.7%

Small cap
14.7%

Mid cap
12.8%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
27.4%
Basic Materials
14.2%
Industrial
13.5%
Communication
10%
Tech
7.1%
Consumer Cyclical
6.9%
Energy
5.9%
Health
5.8%
Utilities
4.3%
Consumer Defensive
3.4%
Real Estate
1.6%
All changes are between Oct'69 and Dec'69

Kedar Karnik
Kedar Karnik
Fund Manager of DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl, since 16 June 2020

DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.73% since inception which is more than its category average return of 5.29%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.14% in Equity, 5.22% in Debt and 94.61% in Cash related instruments
AUM size ₹4966 Cr

AUM size ₹4966 Cr

This fund has AUM of ₹4966 Cr which is less than its category average of ₹ 6908 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl is ₹12.14 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.66%
0.66%
6 Month Returns
4.16%
4.16%
1 Year Returns
8.12%
8.12%
3 Years Returns
19.7%
6.18%
5 Years Returns
29.99%
5.39%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.34% as on June 2024
₹4966 Cr as on June 2024
DSP Savings Dir Gr(13.75%), Vodafone Idea Ltd(3.31%), Vedanta Ltd(2.79%), Hindustan Aeronautics Ltd Ordinary Shares(2.35%), Bank of Baroda(2.16%) as on June 2024
Cash Equivalent(89.86%), Corporate(8.19%), Government(1.81%) as on June 2024
AAA
100
Kedar Karnik is the fund manager of DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl
The Exit load of DSP Arbitrage Fund Direct Reinvestment of Income Dist cum Cap Wdrl is 0.25%